Sunday, September 28, 2008

Forex automated trading : Why you need a VPS !

Many people start to enter the world of metatrader forex automated trading and think that it can all be done from their home computer. That is very wrong ! One of the main reasons why automated systems fail for new traders is that they try to use them on their home computers. The reasons why this does not work are very simple. An expert advisor needs to run in an absolutely ideal environment. That is, a computer that has redundant power, internet connection, no viruses etc. When you run your expert advisors inside your home computer, you are exposed to black outs, internet disconnections and viruses brought from your day to day activities. An expert advisor is not meant to be run while a browser and an mp3 player application are running, an expert is decided to run by itself with enough memory and cpu power available in order for it to do it's trading appropriately.

So what is the solution to these problems ? A VPS ! A virtual private server, is a computer that is held inside a data center and is run every day under ideal conditions with uptimes very close to 100%. You should also be aware that virtual private servers are not very expensive, as a matter of fact, they are several providers which offer them below 20 USD like vpsland.com . You also get other providers which are completely specialized in forex metatrader clients like goforex.net . You must realize that there is a great difference between running your expert advisor on your home computer which is unreliable by definition and a data center which is say, reliable, by definition. If you are wondering what expert advisor to use with your new VPS please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

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